Economy



Morocco automotive sales surpass 104,000 vehicles in five months

The Moroccan automotive market continued its upward trajectory in May 2026, confirming sustained demand across both private and commercial segments. A total of 23,037 new vehicles were sold during the month, marking a 2.8 percent increase compared with the same period in 2025. Over the first five months......

Russia claims gold production reaching 500 tonnes, surpassing China

Russia plans to produce between 480 and 500 tonnes of gold in 2026, according to official projections from the country’s natural resources authorities. Estimates for 2025 place output at 480 to 485 tonnes. If confirmed, these figures would position Russia as the world’s largest gold producer,......

Gold overtakes US Treasuries as top global reserve asset

Gold has surpassed U.S. Treasury securities to become the world's largest reserve asset, marking a major shift in global reserve management as central banks respond to geopolitical uncertainty and a prolonged surge in bullion prices. The European Central Bank reported that gold accounted for 27%......

South Korea overtakes India to become sixth-largest stock market

South Korea has overtaken India to become the world’s sixth-largest equity market by total market capitalization, marking a rapid shift in global financial rankings driven by the artificial intelligence boom and surging demand for semiconductor technologies. The combined market value of listed......

OECD data shows China state subsidies far exceed rivals

China’s industrial firms receive significantly higher state support than their global competitors, according to a new OECD database covering 15 key manufacturing sectors over the period from 2005 to 2024. The analysis tracks 525 of the world’s largest manufacturing groups and finds that Chinese......

BYD ends eight-month sales slump on record international exports

BYD ended its longest sales decline streak in May, with global vehicle deliveries rising 0.3% year-on-year to 383,453 units, according to a stock exchange filing. The modest gain, driven almost entirely by surging international demand, marks the first year-on-year growth posted by the world's largest......

Massive Chinese industrial subsidies highlighted by the OECD

The Organisation for Economic Co-operation and Development (OECD) has revealed the significant scale of state support granted to certain industrial sectors in China, raising concerns about global market distortions and unfair competition. According to an OECD report based on data collected between 2005......

China’s manufacturing sector shows signs of slowing growth in May

China’s manufacturing sector experienced a slowdown in May, reflecting weaker external demand and ongoing economic challenges despite continued resilience in certain industries. Recent economic indicators suggest that factory activity remained largely unchanged, highlighting the delicate balance......

A quarter of trapped oil tankers manage to slip through Hormuz

A quiet trickle of oil tankers has begun escaping the Persian Gulf through the Strait of Hormuz, with roughly one quarter of the large non-Iranian vessels stranded since the outbreak of war now having navigated past the strategic chokepoint. The gradual movement comes as Chevron's chief executive......

Jd.Com's Ceconomy deal faces full-scale EU subsidy investigation

European Union regulators have launched a full-scale investigation into Chinese e-commerce giant JD.com’s planned acquisition of German electronics retailer Ceconomy, raising concerns over potential foreign subsidies influencing the deal. The proposed transaction, valued at approximately $2.5......

China is negotiating with EU over its steel trade measures

China has confirmed that it is currently engaged in negotiations with the European Union regarding new restrictions imposed on duty-free steel imports. According to a spokesperson from China’s Ministry of Commerce, the discussions are taking place under the framework of the World Trade Organization......

Chinese medical firm breaks ground on first African factory in Morocco

Chinese medical technology company Jiangsu Aishelun Medical Technology Group has begun construction of its first manufacturing facility on the African continent, located at Mohammed VI Tanger Tech City in northern Morocco. The project is being developed through the company's Moroccan subsidiary,......

Oil and gas shipping resumes in Strait of Hormuz

Commercial maritime traffic carrying crude oil and liquefied natural gas has begun to move again through the Strait of Hormuz after months of severe disruption. The passage of several tankers marks the clearest sign yet of a partial recovery in one of the world’s most sensitive energy corridors......

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